You are viewing a single comment's thread from:

RE: [30 days of Cryptotrading] Day 25: I learned not to trade much at weekends

in #trading7 years ago

Hey man, not really, on the last fork, i made more money holding other coins than trying to get dividends from the BTC fork. You can check my strategy here:
https://steemit.com/trading/@andre3301/30-day-cryptotrading-challenge-day-20-the-waiting
and here, the day after: https://steemit.com/trading/@andre3301/30-days-of-cryptotrading-challenge-day-21-post-fork

So, I believe hold Alts give more return. One good side of hold btc during the fork is simply having a no risk return. Thats why I balanced my options, hedging it on some BTC hold.
I predict the segwit2x fork gonna have a more impact on values, of BTC and on the altcoins tho.

Sort:  

My strategy is also very long term, buy and hold. Once in a while I do a little trading, but the big money is in the hold strategy!
I think you are absolutely right that the Segwit2x fork is going to have an impact on especially BTC.. I believe that it will pull some value out of BTC, how much, only time will tell. Hoping that it is not going to crash the alts!

Yeah, i'm primarily a hodler also, but I made this challenge to finally put myself in a good momentum to learn technical analysis. I've aways been a fundamental guy. Now, what I'm learning is helping a lot, especialy on the timing to do my trades, but even the strategy i'm using on this crypto daytrading is 3/4 fundamentalist.

I'm still developing my pump prediction *currently on version 45 of that strat and starting to have a better grasp... but who knows...

Good luck, wish you a lot of profits👍😁